WINcentive® Welcomes TopLine Federal Credit Union, Rewards $1,000 Quarterly Winners
Tuesday, April 28, 2020
St. Paul, Minn. – The Minnesota Credit Union Network is excited to announce that TopLine Federal Credit Union is now offering WINcentive Savings accounts to members. 23 Minnesota-based credit unions now offer WINcentive to members who have the chance to win monthly, quarterly and annual prizes.
WINcentive Savings incentivizes consumers to save by offering risk-free rewards. WINcentive prizes are awarded on a monthly, quarterly, and annual basis, with prizes ranging from $100 to $5,000. Account holders qualify for up to four chances per month for each $25 increase in their month over month savings balance.
The Minnesota Credit Union Network and TruLync also administer prize-linked savings programs for credit unions in Delaware, Hawaii, Louisiana, Massachusetts, Montana, New York, New Jersey and Wisconsin.
The Minnesota Credit Union Network also recently launched a re-designed website, wincentivesavings.org, to celebrate winners and connect more credit unions and their members to the program.
Quarterly Winners Announced
Members of Affinity Plus Federal Credit Union, Fulda Area Credit Union and North Star Credit Union won $1,000 by participating in the WINcentive program.
In the prize drawing for the first quarter of 2020, members of Minnesota-based credit unions participating in WINcentive were eligible for one of five $1,000 prizes and one of 45 $100 monthly prizes. Due to additions in the statewide prize pool, each participating credit union will also have a guaranteed $100 winner each quarter.
Through March 2020, WINcentive in Minnesota has reached over 8,000 accounts open with over $7.2 million in total saved by members of credit unions throughout the state. To date, participating members have an average saved balance of over $900.
Watch the North Star Credit Union winner be surprised with her $1,000 prize – with proper social distancing.
More information about WINcentive Savings, including a list of participating credit unions, can be found at wincentivesavings.org.
About Minnesota Credit Union Network
The Minnesota Credit Union Network is the statewide trade association that works to ensure the success, growth and vitality of Minnesota credit unions. With nearly $24 billion in assets, Minnesota credit unions are local, trusted financial cooperatives that serve 1.8 million members at almost 400 branch locations around the state. As not-for-profit institutions, credit unions give back to the communities they serve. For more information, visit www.mncun.org.